Kelsey Grammer dropped from $100 million Ponzi lawsuit

Actor Kelsey Grammer has been dropped as a defendant in a $100 million lawsuit over an online Ponzi scheme.

Actress Lydia Cornell and a host of other plaintiffs accused the former “Frasier” star of duping investors over a fraudulent venture with website Staropoly.com by allegedly using his name and likeliness to promote the company.

Grammer’s lawyer Marty Singer blasted the group for naming his client as a defendant in the suit against accused perpetrators Alex Varanos and bosses at the website’s parent company TODHD, and he branded the allegations of grand theft and extortion “absurd” and “without merit.”

A judge in Los Angeles has now dismissed Grammer from Cornell’s lawsuit, according to TMZ.com.